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Stewart Accounting Services
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IDEO BUSINESS SERVICES LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.

Agility Bookkeeping
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CloudBook Accountants Ltd
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LFR Accounting
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NIXON WILLIAMS LIMITED
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Pepperhill Associates
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GE ACCOUNTANCY LTD
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C & B Accounting Solutions Ltd
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Harris Rosenberg Chartered Accountants
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Frequently asked questions
What should a charity look for when choosing an accountant?
A charity should seek an accountant who understands the specific regulations that apply to charitable organisations, including the Statement of Recommended Practice (SORP) and the requirements of the Charity Commission. It is also important to choose someone who is qualified with a recognised body such as ACCA, ICAEW, or AAT, as this ensures they have the necessary expertise and ethical standards. Experience with Gift Aid, VAT, and Corporation Tax is also valuable, along with a proactive approach to planning and compliance.
How can an accountant help with Gift Aid and tax returns?
An accountant can help your charity maximise the benefits of Gift Aid by ensuring that all eligible donations are claimed correctly and that records are kept in line with HMRC requirements. They will also prepare and submit your tax returns, including Corporation Tax and VAT returns, accurately and on time. Additionally, they can advise on payroll and Self Assessment for any employees or trustees who need to file personal returns, ensuring full compliance with tax laws.
What is the difference between ACCA, ICAEW, and AAT qualified accountants?
ACCA and ICAEW are professional accountancy bodies that require members to pass rigorous exams and complete ongoing professional development. ICAEW is particularly recognised for its chartered accountant status, while ACCA has a strong international focus. AAT qualifications are often the starting point for accountancy and focus on practical skills. All three ensure a level of competence, but your choice may depend on the complexity of your charity's financial needs.
Why is it important for a charity accountant to be regulated?
Regulation ensures that the accountant adheres to high professional standards and ethical guidelines. For a charity, this is crucial because donors and the public expect transparency and accountability. A regulated accountant is also subject to oversight and disciplinary procedures, giving you recourse if something goes wrong. Furthermore, they are required to keep their knowledge up to date, which is essential given the changing nature of charity law and tax regulations.
Can an accountant help with preparing for a charity audit or independent examination?
Yes, an experienced charity accountant can be invaluable in preparing for an audit or independent examination. They will ensure that your financial records are accurate, complete, and presented in the correct format. They can also help you implement internal controls and address any issues before the examiner or auditor raises them. This proactive approach can save time and reduce stress, allowing you to focus on your charity's core activities.
How often should a charity review its accounting arrangements?
It is advisable to review your accounting arrangements at least once a year, ideally before the start of a new financial year. This allows you to assess whether your current accountant is still the right fit and whether your financial processes are efficient. Additionally, if your charity grows, takes on new activities, or changes its legal structure, you should review your arrangements immediately to ensure compliance and continued support.
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